Some of Canada's largest insurance companies reported stronger 2013 financial results. Here's an overview.
Alternative asset classes include investments that don’t fall under the umbrella of either a stock or a fixed income portfolio. Examples include direct real estate, direct infrastructure, private equity, private debt, hedge funds and commodities.
Despite signs of improving market conditions on the global scale, a report suggests life insurers should be focusing on their product offerings to make up for subpar yields, while giving customers what they want and spurring growth.
Borealis Infrastructure, the infrastructure investment arm of the Ontario Municipal Employees Retirement System, will pay $450 million to acquire up to a 31.6% interest in Bruce Power B, which operates four of the eight reactors at the world's largest nuclear generating facility in Tiverton, Ont.
The Caisse de dépôt et placement du Québec has agreed to acquire a stake in the world's largest wind farm off the coast of the United Kingdom.
Something is amiss in the global economy. Unemployment remains high, and many developed countries struggle with high debt and a growing gap between the rich and the poor. And this is all occurring in an environment of artificial, historically low interest rates, where even a hint of higher rates or stimulus tapering causes jittery investors to rush to the exits. Some type of economic disruption is clearly on the horizon, but it’s hard to predict when things will return to normal. Gold offers wealth protection during the transition.
The Office of the Superintendent of Financial Institutions Canada has updated its Minimum Continuing Capital and Surplus Requirements for federally regulated life insurance companies and societies.
This year, institutional investors around the world plan to increase their allocations to alternative assets, particularly towards real estate and real assets, according to a BlackRock survey.
BMO Group Retirement Services is rolling out an integrated cross-border retirement services platform, with capabilities to serve clients who have a presence in both Canada and the United States.
The IWA Forest Industry Pension Plan has named Northern Trust as global custodian for the $3.1-billion pension fund.